Mettler-Toledo Intl. (MTD) Tops Q3 EPS by 48c

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Mettler-Toledo International Inc. Reports Third Quarter 2021 Results

November 4, 2021 4:10 PM EDT

COLUMBUS, Ohio, Nov. 4, 2021 /PRNewswire/ -- Mettler-Toledo International Inc. (NYSE: MTD) today announced third quarter results for 2021. Provided below are the highlights:

Reported sales increased 18% compared with the prior year. In local currency, sales increased 16% in the quarter as currency benefited reported sales growth by 2%.Net earnings per diluted share as reported (EPS) were $8.71, compared with $6.68 in the prior-year period. Adjusted EPS was $8.72, an increase of 24% over the prior-year amount of $7.02. Adjusted EPS is a non-GAAP measure, and a reconciliation to EPS is included on... More